Saturday, October 21, 2006

Marabou Ranch in Sunday New York Times

Marabou Ranch located here in Steamboat Springs will be featured in Sunday's New York Times. The articles is titled "Where the front yard stretches 1,300 acres"

From the article: "Mr. Temple and his partners at Due West Land Ltd., which owns the property, have preserved in perpetuity 1,300 of the ranch'’s 1,700 acres. On the remaining land, they have created 62 lots what he calls homesteads— of 7 to 10 acres, priced at $2 million to $4 million apiece. If we’'re doing this right, each of our buyers can say they bought a 1,700-acre ranch, he said. Marabou, which sits along the Elk River, is among a widening group of expensive developments in Western states that are preserving land. At Marabou, Mr. Temple said, the developers decided not to place homesites along the Elk River or on the ridgelines, locations that would have reaped handsome profits. From a business perspective, this was risky,” he said."

You can find the Marabou Ranch article <-- here

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